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we start with this, italy's former playboy billionaire is going to run for office again. he resigned about a year ago. mario monte runs it now, but says he will step down when the budget is passed. berlusconi's turn started a year ago. >>> north korea saws a launch is designed to get a satellite into orbit. >>> the syrian rebels are taking an important step. while the fighting will rages, hillary clinton is getting ready to meet with a group of countries supporting the rebels. this would be washington's first step to formally recognizing the opposition government, something france and britain have already done. the army is moving to unify it's command structure to make thorough is has a more educative fighting force. this morning, nelson mandela is in the hospital, jacob zuma paid him a visit, and said there is no cause for alarm. >>> susan, as you can imagine, south africans are holding their collective breath, their very worried about their beloved former president. they call him father in one of the native languages, they adore him. he helped bring democracy to this na
we start with this, italy's former playboy billionaire is going to run for office again. he resigned about a year ago. mario monte runs it now, but says he will step down when the budget is passed. berlusconi's turn started a year ago. >>> north korea saws a launch is designed to get a satellite into orbit. >>> the syrian rebels are taking an important step. while the fighting will rages, hillary clinton is getting ready to meet with a group of countries supporting the rebels....
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Dec 24, 2012
12/12
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LINKTV
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everything from christmas bread imported from italy to the traditional leg of pork which is an essential part of their policies and dinner. all of this 60% cheaper than supermarkets, compliments of venezuela's president hugo chavez, whose government is subsidizing the holiday fare. a staunch chavez supporters -- said the most of for nothing is missing. the meinhold is before the new year, chavez will be back with us in venezuela. this is my greatest wish. >> may recover soon in cuba because we need him here -- we need him here in venezuela. >> the ailing left his leader was reelected in october. but less than three weeks before the scheduled inauguration, the president remains in cuba fighting to recover from a still unspecified but extremely complex cancer operation. then as well that the constitution stipulates that -- mother constitution stipulates the presence of a sworn in before february 10 -- either by the national assembly or supreme court. there is no provision of a president not being able to attend his own inauguration on time during the -- on time. with no guarantee he will b
everything from christmas bread imported from italy to the traditional leg of pork which is an essential part of their policies and dinner. all of this 60% cheaper than supermarkets, compliments of venezuela's president hugo chavez, whose government is subsidizing the holiday fare. a staunch chavez supporters -- said the most of for nothing is missing. the meinhold is before the new year, chavez will be back with us in venezuela. this is my greatest wish. >> may recover soon in cuba...
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Dec 12, 2012
12/12
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CNBC
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that was the big discussion in italy yesterday. berlusconi says spreads, this is really just a scam. monty says we should care about spreads. want to bring in a third opinion. let's talk about bepo grillo, founder of the five-star movement. not a political party but a movement which benefits from voters' disenchantment with mr. berlusconi and mr. monty. he agrees with mr. berlusconi on one thing. he says spreads are all just based on speculation. >> translator: the spread is completely detached from the real economy. the spread is mental hallucination created by speculation in the banking sector because half of the italian debt is owned by foreign banks. these banks try to get high rate in order to earn more. so we are a victim of banking speculation, of both foreign and domestic banks. we shall detach from the real economy. we need to stop this vicious cycle of debt that is strangling us. >> reporter: many would argue it's the right time for mario monty to leave the political scene. would you agree? >> translator: he needs to disa
that was the big discussion in italy yesterday. berlusconi says spreads, this is really just a scam. monty says we should care about spreads. want to bring in a third opinion. let's talk about bepo grillo, founder of the five-star movement. not a political party but a movement which benefits from voters' disenchantment with mr. berlusconi and mr. monty. he agrees with mr. berlusconi on one thing. he says spreads are all just based on speculation. >> translator: the spread is completely...
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Dec 9, 2012
12/12
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. >>> italy's prime minister silvio berlusconi says he will run again as his nation's leader and he says it's bedemand. he wrote on facebook, i am besieged by my people that are requesting that i get back in the battlefield leading the people of freedom, pdl party. it ended an 18-year stretch as prime minister with shall we say a colorful reputation. >>> now to south america where as we've been telling you venezuela an hugo chavez made news late saturday announcing that his cancer has come back. it has returned. in his speech he repeatedly kissed a cross and broke out in song. he even name add man who would take over. could this be the end of a chavez era in venezuela. joining us now is our nadia bilchik. great to talk to you. so does this mean he's really afraid? what does this mean that now he's naming a successor? >> well, now we know he has to have very serious surgery. it's cancer in the pelvic area. he hesam been specific as to exactly where. we know there are mag lig nanlt tumors that have been removed. he says if something were to happen to incapacitate me, nicolas maduro would r
. >>> italy's prime minister silvio berlusconi says he will run again as his nation's leader and he says it's bedemand. he wrote on facebook, i am besieged by my people that are requesting that i get back in the battlefield leading the people of freedom, pdl party. it ended an 18-year stretch as prime minister with shall we say a colorful reputation. >>> now to south america where as we've been telling you venezuela an hugo chavez made news late saturday announcing that his...
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Dec 10, 2012
12/12
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CNN
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italy markets plunged at news that the italian prime minister plans to step down later this month. he's going to wait until the national budget is passed, but investors are concerned about how it might affect the country's high levels of the debt. it means the former prime minister that led office after corruption allegations could make a comeback. >>> i want to get a look at stocks right here, how they are doing. up 33 points. looking at the dow jones, pretty good read so far. tdd#: 1-800-345-2550 when i'm trading, i'm so into it, tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 ...helps me keep an eye on what's really important to me. tdd#: 1-800-345-2550 it's packed with tools that help me work my strategies, tdd#: 1-800-345-2550 spot patterns and find opportunitie
italy markets plunged at news that the italian prime minister plans to step down later this month. he's going to wait until the national budget is passed, but investors are concerned about how it might affect the country's high levels of the debt. it means the former prime minister that led office after corruption allegations could make a comeback. >>> i want to get a look at stocks right here, how they are doing. up 33 points. looking at the dow jones, pretty good read so far. tdd#:...
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Dec 11, 2012
12/12
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ben wedeman, cnn, florence, italy. >> thank you. >>> they had a loaded handgun. they tried to carjack a woman. >> it is fully loaded and cooked and ready to blow your brains out these two suspects ran from the police. so why won't they face any jail time? we're on the case next. diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. [ male announcer ] zyrtec-d®. behind the pharmacy counter. can your hearing aid do this? lyric can. lyric can. lyric can. lyric by phonak is the world's only 24/7, 100% invisible hearing device. it's tiny. but that might be the least revolutionary thing about lyric. lyric can be worn 24/7 for up to four months,
ben wedeman, cnn, florence, italy. >> thank you. >>> they had a loaded handgun. they tried to carjack a woman. >> it is fully loaded and cooked and ready to blow your brains out these two suspects ran from the police. so why won't they face any jail time? we're on the case next. diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live...
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Dec 24, 2012
12/12
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. >> mario monti is saying he's available to lead italy. he'll run for office in the upcoming election, but only for a party willing to push his agenda. >>> but he has competition in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s. shoppers may be running low on holiday spirit. and analysts say that they're spending less, as well. hi, everybody. welcome. merry christmas out there. thank you for joining us here on the show. what we're looking at today, we've got slightly quiet markets ahead of the u.s. open. what we're seeing, though, that all the markets are being called lower across the board stateside. the dow is being called a bit lower, nasdaq is being called a bit lower and the s&p 500 being called down by a bybit, as well. we saw markets coming off on friday stateside. pretty significant drops, as well, g
. >> mario monti is saying he's available to lead italy. he'll run for office in the upcoming election, but only for a party willing to push his agenda. >>> but he has competition in the form of sylvia berlusconi. he tells cnbc he feels a responsibility to run. >> feel the need to return to the political arena to prevent the country from being delivered into the hands of a leftist party. >> and the crowds are out, the stores are ringing up those sales, but u.s....
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Dec 25, 2012
12/12
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miage is one of italy's largest glaciers. surrounded by lush valleys and mountains, it's a popular tourist destination, especially in the summer, when visitors can get close to the enormous mounds of ice while standing on the shore of the lakes it towers over. august of 2006, a couple dozen people are making their way to the rocks near the glacier. it's a warm, summer day. as they gather to take photos of the magnificent ice fall, a large piece falls off and falls into the water. the spectators are likely entranced by the glacier, thrilled by the opportunity to see it move. but the tourists are unaware that the small break in the ice signals a much larger crash to come. >> it's hypnotizing. you don't realize the danger of being there. >> marco is a new york based glaciologist. he spent years of his life studying glaciers and ice >> the power of a glacier is very, very strong. all the energy is moving slowly. >> marco's work takes him to the planet's most remote environments, where secrets of the earth's atmosphere are hidden
miage is one of italy's largest glaciers. surrounded by lush valleys and mountains, it's a popular tourist destination, especially in the summer, when visitors can get close to the enormous mounds of ice while standing on the shore of the lakes it towers over. august of 2006, a couple dozen people are making their way to the rocks near the glacier. it's a warm, summer day. as they gather to take photos of the magnificent ice fall, a large piece falls off and falls into the water. the spectators...
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Dec 11, 2012
12/12
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italy has the wealth, italy has the industrialization, it has the export. italy really could make a go of it. we didn't see any productivity in the last decade. it should have made italy stronger. i personally am much more concerned about france and spain than i am about italy. >> we'll talk about those. >> let me add asking. if italy is in this situation now, it relied on the easy way out. and politicians, including berlusconi, didn't have the foresight to see that. >> thank you so much for coming by. >>> staying at the eurozone, investors will be watching for anything coming from the italian crisis. the results of the spanish bond actions are due around 12:40 cst. hsbc was hit with a $1.9 billion fine. the ceo said we accept responsibility for our mistakes and are profoundly sorry for them. >> a full year loft loss of 4.7 billion euros, thinksen krup has more details. >> they are starting to look at the positive of what i would call a -- strategy, i.e., a clean sweep when it comes to the business strategy of thyssenkrupp as well as the instruct occur and
italy has the wealth, italy has the industrialization, it has the export. italy really could make a go of it. we didn't see any productivity in the last decade. it should have made italy stronger. i personally am much more concerned about france and spain than i am about italy. >> we'll talk about those. >> let me add asking. if italy is in this situation now, it relied on the easy way out. and politicians, including berlusconi, didn't have the foresight to see that. >> thank...
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Dec 11, 2012
12/12
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you look what is happening in europe, in france, in italy. in all of the countries suffering the most right now in terms of growth they have just jacked up their value-added tax to 25%. >> okay. so here's principle i think we need to draw in the sand. we should not have an ad-on, value-added tax. we should have a replacement value-added tax. david: don't put it on top of what we have? >> they have got value-added taxes but have every other imaginable tax and the national sport in italy is not paying taxes right? david: let me just, the president has weighed in on what he wants to do in order to change the tax code. he did it about a year ago. let's play that sound and get your reaction to it. >> i've said i will work with republicans on a plan for economic growth, job creation, and reducing our deficits, and have some compromise between democrats and republicans. i understand, you know, people have a lot of different views. i'm willing to compromise a little bit. david: that is not what i was referring to. what he said a year ago is this. giv
you look what is happening in europe, in france, in italy. in all of the countries suffering the most right now in terms of growth they have just jacked up their value-added tax to 25%. >> okay. so here's principle i think we need to draw in the sand. we should not have an ad-on, value-added tax. we should have a replacement value-added tax. david: don't put it on top of what we have? >> they have got value-added taxes but have every other imaginable tax and the national sport in...
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Dec 10, 2012
12/12
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CNN
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you have more uncertainty in italy. one of the important countries. and also you have this concern happening in japan. we have this week, ben bernanke and the fed will meet at a two-day fed meeting. a lot of people are hoping to hear from the federal reserve chief that there will be some kind of on going stimulus in the form of, you know, bond buybacks or something. we'll be looking to see what he has to say about the economy. this is another big uncertainty in the markets for the week. you know, this comes after consumer spending showing as "the wall street journal" set this morning, consumer spending, consumer confidence wabbling. this is europe concerns. we're seeing that consumer heading into the end of the year is starting to get a little more nervous about where we're headed here. now fiscal cliffs and payroll, fiscal cliff has a lot to do with this. the american payroll association this is the trade group for all of the small business who's are doing payrolls, you know, paying you. they say the fiscal cliff really isn't january 1st. their fisca
you have more uncertainty in italy. one of the important countries. and also you have this concern happening in japan. we have this week, ben bernanke and the fed will meet at a two-day fed meeting. a lot of people are hoping to hear from the federal reserve chief that there will be some kind of on going stimulus in the form of, you know, bond buybacks or something. we'll be looking to see what he has to say about the economy. this is another big uncertainty in the markets for the week. you...
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Dec 3, 2012
12/12
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the road map is greece, italy, spain, all over europe but the president thinks you can tax-and-spend your way to prosperity. >>neil: what the administration throws back on the issue is take a look at italy and greece, austerity has worked. you say what? >>guest: they have a strange definition. alwaysst either to them means higher taxes in europe and the united states austerity means less spending. i am in favor of the right definition of austerity. the balkan countries got out of the mess and now they are doing well economically because they cut, not just cut spending in the washington sense of increasing it at a slower rate they spent less one year after the other and now they are out of the trouble. if you understand the right definition of austerity is the way to go, the problem is in most of europe it means higher taxes, obama wants to give us the bad part of europe, without the good part. >>neil: thank you very much. they are not cutting anything. just slowing the growth. rebound and former president bill clinton hitting the links. this is a photo from last year. what we don't k
the road map is greece, italy, spain, all over europe but the president thinks you can tax-and-spend your way to prosperity. >>neil: what the administration throws back on the issue is take a look at italy and greece, austerity has worked. you say what? >>guest: they have a strange definition. alwaysst either to them means higher taxes in europe and the united states austerity means less spending. i am in favor of the right definition of austerity. the balkan countries got out of...
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Dec 10, 2012
12/12
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and italy together. so, there is a contagion factor here, as well. so -- >> walk us through the trade that you got. >> sure, so, i'd like to short the euro, but not against the dollar, because i think the dollar will stay weak until the fed meeting. i'm going to short it against the yen. i enter at 106.50, the current level it's trading. a target down at 104 and my stop is up at 107.50. >> all right, amelia, thank you. see you on friday. >> thank you. >>> let's check in with jane, see what's she's looking at next. jane? >> next, melissa, you have to ask yourself, how much do you love starbucks? do you really love it? and also, who should play john mcafee? preferably, someone who is living. we'll have some ideas when we come back. let's give thanks - for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refi
and italy together. so, there is a contagion factor here, as well. so -- >> walk us through the trade that you got. >> sure, so, i'd like to short the euro, but not against the dollar, because i think the dollar will stay weak until the fed meeting. i'm going to short it against the yen. i enter at 106.50, the current level it's trading. a target down at 104 and my stop is up at 107.50. >> all right, amelia, thank you. see you on friday. >> thank you. >>> let's...
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Dec 28, 2012
12/12
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yes, italy is a socialist country, as is every country in the world, the united states of america where the movement toward marge equality is far less sociallistic than many countries where it is mayis mak little or no progress and the guys who have taken a life time vow have proven again that they know nothing about marriage. and they prove that they don't know much about socialis many either. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having diff
yes, italy is a socialist country, as is every country in the world, the united states of america where the movement toward marge equality is far less sociallistic than many countries where it is mayis mak little or no progress and the guys who have taken a life time vow have proven again that they know nothing about marriage. and they prove that they don't know much about socialis many either. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene....
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Dec 28, 2012
12/12
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MSNBCW
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yes, italy is a socialist country, as is every country in the world, the united states of america where the movement toward marge equality is far less sociallistic than many countries where it is making little or no progress and the guys who have taken a life time vow have proven again that they know nothing about marriage. and they prove that they don't know much about socialis many either. [ laughter ] smoke? nah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids
yes, italy is a socialist country, as is every country in the world, the united states of america where the movement toward marge equality is far less sociallistic than many countries where it is making little or no progress and the guys who have taken a life time vow have proven again that they know nothing about marriage. and they prove that they don't know much about socialis many either. [ laughter ] smoke? nah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you...
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Dec 1, 2012
12/12
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MSNBCW
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say you are in italy and you see formaggio marcio on the menu. and no, i have no idea if i pronounced it right, that's why i need an app. so you think this is a cheese and it is a cheese, a cheese with live maggots in it. a civilian delicacy, but one you did not mean to order. if only you knew what it meant. there is a menu app for policy. there is one at the washington post, sorry, i have to do my plug. you may have heard a term floating around washington, tax reform. when politicians get specific, quote, base rodding and he rate reform. it is bieber and honey boo boo and gangnam style all rolled into one. >> when ronald reagan ran for office he laid out the principles he was going to foster. he said would he lower tax rates. he said would he broaden the base. those are my principles. bring down rates. broaden the base. simplify the code. and create incentives for growth. >> we're willing to accept some additional revenues via tax reform. simpler, cleaner, fairer tax code with fewer loop holes and rates for all. >> in simpson-bowles, democrats l
say you are in italy and you see formaggio marcio on the menu. and no, i have no idea if i pronounced it right, that's why i need an app. so you think this is a cheese and it is a cheese, a cheese with live maggots in it. a civilian delicacy, but one you did not mean to order. if only you knew what it meant. there is a menu app for policy. there is one at the washington post, sorry, i have to do my plug. you may have heard a term floating around washington, tax reform. when politicians get...
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Dec 21, 2012
12/12
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CNBC
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we're seeing a rotation into safety, out of risk and out of spain and italy. about 4.5% for italy. thin trading in markets is exacerbating the move that we're seeing as we approach the year. today, the austy dollar is weaker against the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for trading in asia, just how japan, china and the rest have been affected by fiscal cliff news, diedra morris is join onning us with plenty more. hi. >> hey, kelly. it was a bit of a rude awaking. a lot of these indexes were on their way to gains and then we had the fiscal cliff setback. we had news that john boehner's plan b failed. this all turned red and this is where we ended. the nikkei 225 coming back from that huge rally that we have seen over the last five weeks shedding 1%. the exporters hurt here because the dollar/yen was lower. it has regained some ground in the last few hours or so. t
we're seeing a rotation into safety, out of risk and out of spain and italy. about 4.5% for italy. thin trading in markets is exacerbating the move that we're seeing as we approach the year. today, the austy dollar is weaker against the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for...
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Dec 4, 2012
12/12
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. >>> trial began monday in italy for superstar fashion designers. they're charged with tax evasion. they deny any wrongdoing. >>> finally, it may be the only time you smile about a story on the fiscal cliff. you need to check out this youtube video of a little boy glued to the animation used by our friends at cnbc. [ laughing ] >> that's the great thing about kids. you can leave him there for 15 minutes. he'd be all set. >>> one of the coolest down hill skating races you'll see this year. plus, bofrming legend mohammed ali receives the biggest award in boxing history. that's next. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. onl
. >>> trial began monday in italy for superstar fashion designers. they're charged with tax evasion. they deny any wrongdoing. >>> finally, it may be the only time you smile about a story on the fiscal cliff. you need to check out this youtube video of a little boy glued to the animation used by our friends at cnbc. [ laughing ] >> that's the great thing about kids. you can leave him there for 15 minutes. he'd be all set. >>> one of the coolest down hill skating...
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Dec 2, 2012
12/12
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CNNW
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northern italy recent having ineffective bailout of neighbors. there's an irony. if you apply that across the continent, the eurozone itself would fall apart, perhaps starting with the departure of germany. by the way, if we applied that logic in america, states like new york, california, connecticut could point out they in effect subsidize states like alabama, mississippi, montana, states ironically the most fervent advocates of state rights and small government. >>> up next, we'll take you into the heart of darkness, one of africa's most troubled nations has taken a turn for the worse. back in a moment. who do you think i am, quicken loans? at quicken loans, we'll provide you with myql mobile. this amazingly useful app allows you to take pictures of your mortgage documents using an iphone or android smart phone... so you can easily send them to us. one more way quicken loans is engineered to amaze. ooh, la-la! one more way quicken loans is engineered to amaze. music is a universal language. but when i was in an accident... i was worried the health care system sp
northern italy recent having ineffective bailout of neighbors. there's an irony. if you apply that across the continent, the eurozone itself would fall apart, perhaps starting with the departure of germany. by the way, if we applied that logic in america, states like new york, california, connecticut could point out they in effect subsidize states like alabama, mississippi, montana, states ironically the most fervent advocates of state rights and small government. >>> up next, we'll...
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Dec 29, 2012
12/12
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i mean, countries like spain, italy -- >> the austerity policy. when you look at the country -- >> countries like spain and italy -- >> i'm talking about the labor market adjustments. >> they have seen 20%. that's a problem. >> i'm sorry. i didn't hear -- what did you say? >> spain, italy, unemployment around 15, 20%. >> of course they do. >> juliet, hang on, because it is connected to the german point. part of the reason that germany has been able to have export-led growth and be so successful internally, germany is the china of europe. >> i realize that. i made that point about 20 minutes ago. you add shock at the beginning. i'm not talking about the later stage of austerity and self-imposed pain, which is what europe is dealing with right now. but if you look at the ocb adjustment to the downturn and the u.s. has a huge g and p adjustment and loss of unemployment where a lot of these other european countries adjust on hours and their unemployment doesn't go up. that's the only point i was making. >> adjust on hours meaning you get something mor
i mean, countries like spain, italy -- >> the austerity policy. when you look at the country -- >> countries like spain and italy -- >> i'm talking about the labor market adjustments. >> they have seen 20%. that's a problem. >> i'm sorry. i didn't hear -- what did you say? >> spain, italy, unemployment around 15, 20%. >> of course they do. >> juliet, hang on, because it is connected to the german point. part of the reason that germany has been...
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Dec 24, 2012
12/12
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no one knows if it will survive italy's financial problems. ben wedeman has the story. >> reporter: in rome dig and you're likely to find something very old. for the past six years archaeologists have worked on this site north of the city. it was here that marca roman gel was buried, he was the inspiration for the character played by russell crowe in the movie, "glad yator." his character caught to keep the bar bearians at bay in the arena. more than 1,500 years ago rome fell to the barbarians. today in this age of euro zone austerity, the stunning remains of that great empire and artifacts at this site are under threat from what some might say are barbarians of another kind, cost-cutting accountants and the budget/ing bauer row accurates. in the past two years the budget to maintain the sites has been cut by at least 20%. as a result, some sites have been closed and projects cancel canceled. the coliseum will remain open, but some ancient treasures may literally be buried. he worked for several years at the gladiator's tomb. if funds around f
no one knows if it will survive italy's financial problems. ben wedeman has the story. >> reporter: in rome dig and you're likely to find something very old. for the past six years archaeologists have worked on this site north of the city. it was here that marca roman gel was buried, he was the inspiration for the character played by russell crowe in the movie, "glad yator." his character caught to keep the bar bearians at bay in the arena. more than 1,500 years ago rome fell to...
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Dec 28, 2012
12/12
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FBC
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interest rates are reasonable in spain, italy, and great britain. ashley: corporate earnings, signs of weakness in the last earnings season. concernedded about that? >> i think that it's cyclical. i think there's been little signs. i think we have to get employment together in the united states. housing is starting to come back. we're -- slowly, but in the north east in particular, there's more demand, and there's less housing inventory, but in the rest of the country, we have to wait and see on that. employment is really, really the key thing, and so what comes out of all the negotiations and how we employee people, infrastructure, and all of that makes a difference. ashley: companies hunkering down, a lot of cash, but not doing in until washington gets the act together. >> means technology, for example, could be a big sector. if companies get signals from washington and go out and invest into hiring people, putting technology online, it could be great, but we're just waiting and waiting and waiting, which is why it's a cliff hanger. ashley: cliff
interest rates are reasonable in spain, italy, and great britain. ashley: corporate earnings, signs of weakness in the last earnings season. concernedded about that? >> i think that it's cyclical. i think there's been little signs. i think we have to get employment together in the united states. housing is starting to come back. we're -- slowly, but in the north east in particular, there's more demand, and there's less housing inventory, but in the rest of the country, we have to wait and...
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Dec 25, 2012
12/12
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stayed there for weeks after as many as 32 people were killed after the cruise ship ran aground in italy. >> the ship listing around and the horrible stories that came out of it, that was awful to watch. >> best antidote to all of the worst international news, the summer olympics in london. >> it was a wonderful time for britain. >> the opening and closing ceremonies were totally bewildering. i mean, the work of mad people. but the sports themselves were fabulous. >> the u.s. won the most medals, and the guy doing the best imitation of flipper won the most of all. the baltimore bullet, michael phelps, now has, count them, 22. >> i mean, you look at all the medals he has, and he looks like he's got the mr. t. starting kit on. i am just very proud of him, and proud he's american. >> the u.s. also had big wins in tennis, shooting, boxing, and the fab five got it on in gymnastics. >> i love gabby douglas, the flying squirrel. i'm not sure if that's a great nickname or not, but she won the gold, she captured america's heart. >> best and worst reaction to it all, mckayla maroney, not impressed
stayed there for weeks after as many as 32 people were killed after the cruise ship ran aground in italy. >> the ship listing around and the horrible stories that came out of it, that was awful to watch. >> best antidote to all of the worst international news, the summer olympics in london. >> it was a wonderful time for britain. >> the opening and closing ceremonies were totally bewildering. i mean, the work of mad people. but the sports themselves were fabulous....
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Dec 3, 2012
12/12
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CNBC
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the big difference on this front between italy and spain is that italy has a big fall in redemptions next year when it takes off pressure for sly flex year. spain has the opposite problems, a rise next year. so it's technically done for this year and the reason it's funding is to take some of the pain away from next year. and again these options get done and it isn't a big drama. they do have to get digested. but the primary dealers do take the bontds down and i'll expect no difference different on wednesday. >> so for the moment, no pressure relatively speaking. and yet we're now looking at the downgrades for the bailout programs, as well. so how does that play into things? >> the downgrade announced overnight was as expected. this followed the downgrade to france last week by moody's. the fsf has taken the standpoint that they need to be a top rated agency, not necessarily aaa, but they could find a way to make themselves aaa, but they've decided to accept the rating of aa plus. it doesn't really change an awful lot. it wasn't a huge surprise. and as we go in next year, we'll have
the big difference on this front between italy and spain is that italy has a big fall in redemptions next year when it takes off pressure for sly flex year. spain has the opposite problems, a rise next year. so it's technically done for this year and the reason it's funding is to take some of the pain away from next year. and again these options get done and it isn't a big drama. they do have to get digested. but the primary dealers do take the bontds down and i'll expect no difference...
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Dec 10, 2012
12/12
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CNBC
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silvio berlusconi is not going to end up running italy. i think perhaps a bigger issue at this stage, and this is from deutsche bank whether the virtual intervention we've had, the ecb saying we will intervene if we have to, may now be wearing a little bit thin. there is a knee-jerk reaction. the italian banks, they're all down. they're clogging up the bottom of the stock 600 in europe. so the banks have fallen. some of the industrials have also been marked lower in italy. today for example you could see with alitalia, and telecom italia is also lower. you see a spike higher in italian yield. you'll see the headlines, and they'll be raging about it. bear in mind where we actually are on this quite high yield relative to where we've been. let's get some perspective on what has happened. what i think is more interesting is the fact that it's moved over to spain. do you remember when we had that bad auction. the spanish didn't get as much debt away last tuesday and that really spooked the markets, potentially we're reaching a point at which t
silvio berlusconi is not going to end up running italy. i think perhaps a bigger issue at this stage, and this is from deutsche bank whether the virtual intervention we've had, the ecb saying we will intervene if we have to, may now be wearing a little bit thin. there is a knee-jerk reaction. the italian banks, they're all down. they're clogging up the bottom of the stock 600 in europe. so the banks have fallen. some of the industrials have also been marked lower in italy. today for example you...
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Dec 23, 2012
12/12
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. >>> italy has pulled itself out of the debt crisis. monte is widely credited with saving italy from a financial meltdown after stepping into the prime minister's role following the resignation of silvio berlusconi last year. monte's resignation sparked concern. >>> president obama and members of the senate will gather later today to say good-bye to one of their own. senator daniel inouye who represented hawaii in statehood. he was 8. senate majority leader senator harry reid has called on neil abercrombie to quickly appoint a successor before the end of the year. >>> ted kennedy jr., son of the late edward kennedy is considering a run for john kerry's senate seat, according to his brother former congressman patrick kennedy. "boston globe" reports that ted reached out to family members, friends and prominent democrats including john kerry about the possible run. he will likely faceoff against former senator scott brown who lost his seat to elizabeth warren in the november elections. those are your top stories. "reliable sources" at the
. >>> italy has pulled itself out of the debt crisis. monte is widely credited with saving italy from a financial meltdown after stepping into the prime minister's role following the resignation of silvio berlusconi last year. monte's resignation sparked concern. >>> president obama and members of the senate will gather later today to say good-bye to one of their own. senator daniel inouye who represented hawaii in statehood. he was 8. senate majority leader senator harry reid...
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Dec 28, 2012
12/12
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italy. he does get to keep their home. the couple divorced because of his fondness for women, especially younger women. berlusconi is engaged to a 27-year-old woman and is nearly 50 years older. wow. 4 million buck as month. i'm stuck on that one. >>> dr. routes getting in on the fiscal cliff. you have to love that one. that's it for me. i'm taking off for vacation. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so
italy. he does get to keep their home. the couple divorced because of his fondness for women, especially younger women. berlusconi is engaged to a 27-year-old woman and is nearly 50 years older. wow. 4 million buck as month. i'm stuck on that one. >>> dr. routes getting in on the fiscal cliff. you have to love that one. that's it for me. i'm taking off for vacation. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the...
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Dec 25, 2012
12/12
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. >> we start this morning with breaking news from italy. >> a massive cruise ship turned on its side after running aground in january. thirty-two passengers and crew were killed. the captain says it was an accident, not a crime. the ship's captain is being investigated. he claims he tripped and fell into a lifeboat. >> the sentencing of jerry sandusky. >> jerry sandusky will die in jail. >> a judge sentenced the sixty-eight-year-old to at least thirty years in jail after convicted of forty-five counts of child sex abuse. sandusky continues to proclaim his innocence. he is in the process of appealing his sentence. >> number three, the shooting of unarmed teenager, treyvon martin. >> he left in a body bag and george zimmerman went home to sleep in his own bed. >> zimmerman claimed self-defense and ignited racial tensions. trial is set for june. >> number two? july twentyth, terror inside theater nine. >> there has been a mass shooting at a movie theater. >> james holmes donned protective gear, threw tear gas and began firing. holmes faces one hundred and fifty-two charges. many victims
. >> we start this morning with breaking news from italy. >> a massive cruise ship turned on its side after running aground in january. thirty-two passengers and crew were killed. the captain says it was an accident, not a crime. the ship's captain is being investigated. he claims he tripped and fell into a lifeboat. >> the sentencing of jerry sandusky. >> jerry sandusky will die in jail. >> a judge sentenced the sixty-eight-year-old to at least thirty years in...
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Dec 24, 2012
12/12
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CNBC
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italy closed for trade. the smi closed for trade. we've got the ftse 1100 a couple of points higher. the cac and the ibex 35 just off marginal marginally, as well. i would like to show you what type of performance we've had on a year-to-date basis. rising somewhere in the region of 15% since the beginning of this year. you will note that we have had had a bit of a rally heading towards december. the question is whether we'll see that continue into next year. looking at a slightly broader base, the 600 index here, year-to-date higher by 15%, as well. europe's largest economy, the german market seeing some pretty significant gains as well as the dow jones stocks 50 up by 50%. so this brings its up, can it really continue next year? that's when you want to glance at barons, indicating over the weekend you could be looking at a rally. 20% next year. they singled out a number of stocks that they mentioned next year. by the way, andrew one look like one of the little elves in denmark dressed in my parents' garden. it's very sweet. >> do yo
italy closed for trade. the smi closed for trade. we've got the ftse 1100 a couple of points higher. the cac and the ibex 35 just off marginal marginally, as well. i would like to show you what type of performance we've had on a year-to-date basis. rising somewhere in the region of 15% since the beginning of this year. you will note that we have had had a bit of a rally heading towards december. the question is whether we'll see that continue into next year. looking at a slightly broader base,...
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Dec 9, 2012
12/12
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WBAL
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temperatures have plunged across northern and central italy and snow has blanketed switzerland. serbians are struggling with brutal weather as residents cross snow covered streets and cars try to maneuver slippery roads. >> in our 11 insta-weather plus forecast with ava marie. >> what a different story here as we're seeing rainfall across the metro area. a live look from skycam right now. it was foggy earlier on and the rain has picked up, helping clear the fog. you can see the rain drops on the camera. something to watch out for if you're going out this morning. dealing with fog and rain drops, as well, making the roads slick this morning. on the radar, scattered showers along the baltimore metro area including around the beltway, parts of 95 and 83, as well. west of us, the rain is more wide spread and heavier, as well, especially as you see yellow shading west of gathures burg, hagerstown, as well. this will be shifting north and east throughout the day so rain could be picking up in baltimore the next couple of hours. zooming out right now, a stationary front sitting over us
temperatures have plunged across northern and central italy and snow has blanketed switzerland. serbians are struggling with brutal weather as residents cross snow covered streets and cars try to maneuver slippery roads. >> in our 11 insta-weather plus forecast with ava marie. >> what a different story here as we're seeing rainfall across the metro area. a live look from skycam right now. it was foggy earlier on and the rain has picked up, helping clear the fog. you can see the rain...
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Dec 24, 2012
12/12
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here is sitting down with cnbc italy. yes, we do have a cnbc italy, quite powerful in italy. and he says, oh, he did not want to run for prime minister again but people have been twisting his arm because when he looked at the data, carl, he is the only one who can bring 40% of the vote. the vote is going to be in late february. mario monti just stepped down, the prime minister for the last year or so, passed a budget, said once i pass a budget i'm going to step down. this is monti we're talking about. over the weekend monti put up a plan on the internet and he said, okay. here is my economic plan. if there is a party in this plan i will be the leader of is that party and i, too, will run for prime minister. so this could be very interesting. silvio berlusconi had nothing good to say about mario monti during his interview and said every single economic indicator is lower since monti took over. they have been imposing us an tert measures. he said the markets were happy when monti stepped down and went on to say that the reason berlusconi had to step down in 2011, you remember t
here is sitting down with cnbc italy. yes, we do have a cnbc italy, quite powerful in italy. and he says, oh, he did not want to run for prime minister again but people have been twisting his arm because when he looked at the data, carl, he is the only one who can bring 40% of the vote. the vote is going to be in late february. mario monti just stepped down, the prime minister for the last year or so, passed a budget, said once i pass a budget i'm going to step down. this is monti we're talking...
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Dec 30, 2012
12/12
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portugal at 7 and italy at 4.5. the point is that whether or not you or s&p or anybody else downgrades the united states is there a danger that it becomes substantially more expensive for the u.s. to borrow money any time in the future? >>. >> a lot of the borrowing costs have been masked by the purchases by the federal reserve bank, they purchase about 75% of what the treasury has issued over the past year. the bigger challenge for a lot of institutional investors with regard to the credit quality of the u.s. is entitlement reform. the unfunded liabilities are in the area of $100 trillion. depending on what type of interest rate or discount rate you use for the future liabilities. >> that's something that we have some time to address. more important than the immediate deficit reduction for a lot of institutional investors, including ourselves. >> i'm going to take it over to jim for a second. jim your firm manages money for individual and institutional investors. what have they been doing ahead of the fiscal cliff.
portugal at 7 and italy at 4.5. the point is that whether or not you or s&p or anybody else downgrades the united states is there a danger that it becomes substantially more expensive for the u.s. to borrow money any time in the future? >>. >> a lot of the borrowing costs have been masked by the purchases by the federal reserve bank, they purchase about 75% of what the treasury has issued over the past year. the bigger challenge for a lot of institutional investors with regard...
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Dec 30, 2012
12/12
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FOXNEWSW
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in portugal, spain, italy, there isening political dysfunction. that is going to encourage russia to make moves of its own. you mention south africa, south africa is not going in 'n a good direction. it was supposed to be the most optimistic spot. maybe new zealand but somebody told me they are heading south. >> paul: coming down to obamacare. big changes may be coming for 2013 for you and your family thanks to the president's healthcare overhaul. we'll tell you what to expect when we come back. ly? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] no
in portugal, spain, italy, there isening political dysfunction. that is going to encourage russia to make moves of its own. you mention south africa, south africa is not going in 'n a good direction. it was supposed to be the most optimistic spot. maybe new zealand but somebody told me they are heading south. >> paul: coming down to obamacare. big changes may be coming for 2013 for you and your family thanks to the president's healthcare overhaul. we'll tell you what to expect when we...
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Dec 29, 2012
12/12
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FOXNEWSW
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the crisis in europe is going to get dramatically worse in portugal, spain, italy. there is dysfunction in the european union. that's one place to look. that's going to encourage russia to make moves of its own, you mentioned south africa. south africa is not going in a good direction, it's supposed to be the most optimistic spot on the african continent. so i don't see many bright spots, maybe new zealand, but some say that even new seeland-- >> still ahead, counting to obamacare. big changes could be coming in 2013 for you and your family. thanks to the president's health care overhaul. we'll tell you what to expect when we come back. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! >> well, get ready, america, for the arrival of obamacare, some key provisions of the president's mammoth overhaul kick in come january and joe is here to tell you what to expect. or as
the crisis in europe is going to get dramatically worse in portugal, spain, italy. there is dysfunction in the european union. that's one place to look. that's going to encourage russia to make moves of its own, you mentioned south africa. south africa is not going in a good direction, it's supposed to be the most optimistic spot on the african continent. so i don't see many bright spots, maybe new zealand, but some say that even new seeland-- >> still ahead, counting to obamacare. big...
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Dec 8, 2012
12/12
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MSNBCW
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i'm bringing jobs from italy and other places. and nobody asks about right to work. give me a break. the unions helped create the middle class. the fact is that right to work states have worse education. they have worse performance, higher unemployment. the facts just don't back the governor up. this is a governor that prides himself on having the facts. >> bob king blamed the koch brothers for helping ram through this legislation. what roeld role did they play in any of this? >> there's a lot of big money involved. i see this prosperity america. that's their outfit. i see equipment and so on. i don't know how much money is flowing around. i think they are all over. you have been on this before. we have to get the big corporate money out of politics. this is disgusting. i tell you democracy is under attack. we have to get the big corporate money out. it's disgusting to think the koch brothers money can make it happen. working people are under attack. i believe there will be repercussions. >> in what way? >> the governor is making a huge mistake. i know 14 is a ways o
i'm bringing jobs from italy and other places. and nobody asks about right to work. give me a break. the unions helped create the middle class. the fact is that right to work states have worse education. they have worse performance, higher unemployment. the facts just don't back the governor up. this is a governor that prides himself on having the facts. >> bob king blamed the koch brothers for helping ram through this legislation. what roeld role did they play in any of this? >>...
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Dec 27, 2012
12/12
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CNBC
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you have major problems that we haven't seen lately because of fiscal cliff and the headlines from italy and spain and of course portugal and greece is not finished yet. >> right. >> so there's plenty of problems. we're going to return back to basics after the fiscal cliff. people will say, you know what, i do need some place to put my money. >> probably not in the backyard or under the pillow. thank you for joining us. brian. >>> meantime, big news from d.c. not on the fiscal cliff. it is that epa administrator lisa jackson is stepping down. her term really has been marked by battles over things like the keystone xl pipeline and coal fired power plants. just this month alone the epa has enacted rules that will cost businesses billions of dollars in regulation. that's why some may be saying good riddance. let's bring in robert costas. isn't that harsh? listen, you don't have to agree with her. she had her vision and she went for it. what's wrong with that? >> i think it's not harsh at all. this has been one of the most activist administrators in the obama administration. she comes in in
you have major problems that we haven't seen lately because of fiscal cliff and the headlines from italy and spain and of course portugal and greece is not finished yet. >> right. >> so there's plenty of problems. we're going to return back to basics after the fiscal cliff. people will say, you know what, i do need some place to put my money. >> probably not in the backyard or under the pillow. thank you for joining us. brian. >>> meantime, big news from d.c. not on...
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Dec 19, 2012
12/12
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CNBC
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italy, oh, my, what happens when italy -- it turns out you had to take it down. i know that john corzine, very controversial figure. that's a code word. but what a trade they almost had. in the news again today. >> almost. >> horseshoes, hand grenades. >> we should point out, gm was certainly not having the easiest of times of it. this morning's stock is up sharply, we're telling you why. the company will buy back at a premium to at least what was the market price as of yesterday, 200 million shares from the government at $27.50. that having the effect of sending the stock above that. why not, if you're gm, you've got all this cash sitting on your balance sheet. you're earning virtually nothing on it, why not take the opportunity, even at a premium, to buy it back by as much as 11%, shrinking the cap by that much. we heard from tim massad who runs t.a.r.p., they'll be dribbling out the shares over time. the next 12 to 15 months. similar to the strategy employed with citi. a bit of it coming out. and finally they cleaned it up with a few big blocks. >> that was ve
italy, oh, my, what happens when italy -- it turns out you had to take it down. i know that john corzine, very controversial figure. that's a code word. but what a trade they almost had. in the news again today. >> almost. >> horseshoes, hand grenades. >> we should point out, gm was certainly not having the easiest of times of it. this morning's stock is up sharply, we're telling you why. the company will buy back at a premium to at least what was the market price as of...
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Dec 31, 2012
12/12
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CNNW
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. >> we start this morning with breaking news from italy. a massive cruise ship the costa concordia turned on its side after running aground in january. 32 passengers and crew were killed. the captain says it was an accident not a crime. he now faces charges. the ship's captain is being investigated for manslaughter and abandoning ship. he claims he tripped and fell into a life boat. the sentencing of jerry sandusky. >> carol, jerry sandusky will die in jail. >> a judge sentenced the 68-year-old former penn state assistant football coach to at least 30 years in jail. after he was convicted of 45 counts of child sex abuse. despite the mountain of evidence against him, sandusky continues to proclaim his innocence. he's in the process of appealing his sentence. >>> number three, the shooting of unarmed 17-year-old trayvon martin. >> my son left sanford, florida in a body bag while george zimmerman went home to go to sleep in his own bed. >> accused gunman george zimmerman claims self-defense in a case that sparked international outrage and igni
. >> we start this morning with breaking news from italy. a massive cruise ship the costa concordia turned on its side after running aground in january. 32 passengers and crew were killed. the captain says it was an accident not a crime. he now faces charges. the ship's captain is being investigated for manslaughter and abandoning ship. he claims he tripped and fell into a life boat. the sentencing of jerry sandusky. >> carol, jerry sandusky will die in jail. >> a judge...
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Dec 11, 2012
12/12
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CNNW
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ben wedeman, florence, italy. >> you will have to head to paris where it's hanging at the museum. >>> you're in the situation room. happening now, cooking up an explosive recipe for war. a bomb maker fighting the homemade grenades. plus, supreme court justice incites political controversy with comments that some consider rather anti-gay. >> and disturbing new allegations about the owner of the plane that crashed the superstar latina. i'm wolf blitzer. you're in the situation room. >> he was the elite of the elite. soaring to the top of the u.s. special forces unit known for taking out osama bin laden and achieving a near lifelong goal many could only dream of training for. now we're learning more about the u.s. navy s.e.a.l. who died in that successful mission to rescue an american held captive in afghanistan. brian todd is in that navy s.e.a.l.'s home town. what are you learning about him? >> reporter: people in this town of north huntington and adjoining town of irvin are reeling from this loss. they say the focus and determination that nicolas checque demonstrated was very apparent
ben wedeman, florence, italy. >> you will have to head to paris where it's hanging at the museum. >>> you're in the situation room. happening now, cooking up an explosive recipe for war. a bomb maker fighting the homemade grenades. plus, supreme court justice incites political controversy with comments that some consider rather anti-gay. >> and disturbing new allegations about the owner of the plane that crashed the superstar latina. i'm wolf blitzer. you're in the...
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Dec 11, 2012
12/12
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FBC
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you have negative growth, a recession in spain and italy this year. you also have negative growth in greece. there's only so much you can have of negative growth across the continent of europe before impact spending patterns across the world. there are positives out there but we have to be focused on the fact that these problems are not going to go away. one of every four people in spain are unemployed and under the age of 25. fifty-six% to not have a job. that is a major rest of the for disaster and the math does not work. if you try to fix a problem with negative growth and nobody working. dennis: a lesson here. one last note on the fed. what is your concern there? >> pretty simple. the fed has raised the credit market. yield and price are not real. they are buying up trillions of dollars of these bonds and i'm worried about the day when the market no longer listens to them. the market has not been bigger than the fed over the last few years. of the market gets bigger than the fed, look out. yields should be much higher than where they are and if we
you have negative growth, a recession in spain and italy this year. you also have negative growth in greece. there's only so much you can have of negative growth across the continent of europe before impact spending patterns across the world. there are positives out there but we have to be focused on the fact that these problems are not going to go away. one of every four people in spain are unemployed and under the age of 25. fifty-six% to not have a job. that is a major rest of the for...